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Pet ID Microchips Market Future Prediction Report By 2031
Pet ID Microchips Market
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The pet ID microchips market size is projected to reach US$ 134.52 million by 2031 from US$ 85.38 million in 2023. The market is expected to register a CAGR of 5.8 % during 2023-2031. The increasing adoption of technological solutions is likely to remain a key trend in the market.
Market Key Players: -
Pethealth Inc
Merck & Co. Inc
Elanco Animal Health Inc
Avid Identification Systems Inc
Datamars SA
Trovan Ltd
Virbac SA
Animalcare Group Plc
Microchip4solutions Inc
PeddyMark Ltd.
A microchip is a tiny electronic device that contains all pertinent information. In this chip, there is a number that can accurately identify the pet. To get a chip, owners must visit a vet who will inject it slightly below their pet's skin. The procedure is painful, so it does not require the use of anesthesia. Within the microchip, there is a registration number of its registry. When the need arises, a scanner can retrieve the registry information about the pet.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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